NATIONAL BIOMASS STRATEGY 2020 - NBS 2020
The National Biomass Strategy 2020 was initiated in November 2011 to assess how Malaysia can gain more revenue from its palm oil industry through utilisation of the associated biomass as a start. It is a result of extensive collaboration of the Malaysian Government with private sector companies as well as domestic and international research institutes and academia.
NBS 2020 Ver.2.0
The Strategy outlines the action plan and opportunities in the biomass value chain that could create RM 30 billion in additional GNI, 66,000 high-value jobs, 12% reduction in carbon emissions and bring in RM 25 billion in investments.
While the strategy initially focused on the palm oil industry since it was the largest producer of biomass in Malaysia, we currently in the process of extending the scope to include all types of biomass from sources such as rubber, wood and rice husk.
In the version 2.0 of the NBS 2020 released in 2013, expanded scope to include biomass from Forestry sector and Dedicated Crops on Marginal Land as feedstock to higher value downstream industries addressing availability, mobilisation costs and downstream supply potential.
NBS 2020 Ver. 1.0